The Top Energy Business Development Fund is a $30,000 Grant awarded twice-yearly (Q2 and Q4) in support of business ideas or initiatives aimed at growing and diversifying the economy of the Far North.

Any private sector firm, organisation or association operating in the Far North can pitch for financial support on any idea or initiative that helps grow and diversify the local economy. For example, it could be a mentoring concept, an export promotion programme or an initiative that helps local businesses move from primary to secondary or even tertiary production through adding value.

This is a competitive grant. A judging panel will decide whether submissions in Stage 1 qualify and will then invite those winning submissions to enter into Stage 2. In the event that the judging panel decides that there are no suitable submissions, Top Energy reserves its right not to award a grant. Top Energy also reserves its right to split a single $30,000 grant between several winning submissions.